HR 1429 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income $100 of interest in the case of an individual taxpayer.

Introduced 1979-01-24· Sponsored by Rep. Moore, W. Henson [R-LA-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-01-24)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income up to $100 of the interest earned on a savings account.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

5 Democrats15 Republicans